4 ms·
Considering that diamonds are basically worthless[1], I don't think that's helping the point you're trying to make. [1] http://www.theatlantic.com/magazine/arc
by shock 13y ago
Considering that diamonds are basically worthless[1], I don't think that's helping the point you're trying to make.
[1] http://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/ http://www.theatlantic.com/magazine/archive/1982/02/have-you...
- smtddr 13y agoCool, so if you ever get a 100lbs+ bag of diamonds you'll be sure to give it to me.
- shock 13y agoI'm ok with that, but I'm not sure I'd be doing you a favor. I might keep a few rocks for myself to test the theory, though.
- yen223 13y agoI think this Wikipedia article should be pinned somewhere: http://en.wikipedia.org/wiki/Metaphor http://en.wikipedia.org/wiki/Metaphor
- TeMPOraL 13y agoValue is not an intrinsic property of a thing, but is determined solely by what someone is willing to pay you for it. I agree that the value of diamonds is an engineered one, but it still doesn't change the fact that people will pay truckloads of money for them.
- shock 13y ago> Value is not an intrinsic property of a thing, but is determined solely by what someone is willing to pay you for it. Well, that's the thesis of the article I linked: out there, in the free market, you wouldn't get much if you'd try to sell a diamond and weren't part of the supply chain.
- nickik 13y agoCheckout this article "Diamonds, Advertising, DeBeers and Sex" for a alternative on some parts of the story. http://daviddfriedman.blogspot.ch/2013/08/diamonds-advertising-debeers-and-sex.html http://daviddfriedman.blogspot.ch/2013/08/diamonds-advertisi...